Author: Ifetayo Adeniyi

CBN’s efforts to leverage forex stability for single digit inflation In the first two months of this year, Nigerians witnessed steady appreciation of the Naira and convergence of the official and parallel markets exchange rates around N1,500 per dollar. The above development, which hugely contrasts with the volatility, steady depreciation of the Naira which characterised the same period of last year, resulted from a series of measures introduced by the Central Bank of Nigeria, CBN, to ensure orderliness and transparency in the forex market with the aim of boosting confidence and foreign exchange supply. These include payment of the $7…

TASUED becomes federal varsity TASUED becomes federal varsity. President Bola Tinubu has approved the adoption of Tai Solarin University of Education in Ijagun, Ogun State, as a federal university. This makes it the first federally owned tertiary institution in the Ogun East senatorial district. The announcement was made in a press release on Sunday, signed by Bayo Onanuga, Special Adviser to the President on Information and Strategy. Established by the Ogun State Government in 2005, TASUED holds the distinction of being Nigeria’s first specialised university of education. Tinubu expressed gratitude to the Ogun State Government for inviting the Federal Government…

UBA Accelerates Gender Inclusion With 58% Female Representation In Fresh GMAP Intake UBA Accelerates Gender Inclusion With 58% Female Representation In Fresh GMAP Intake. As the world celebrates International Women’s Day (IWD) 2025, Africa’s Global Bank, United Bank for Africa (UBA) continues to reinforce its unwavering commitment to gender diversity, equality, and empowerment. This year’s IWD global theme, “Accelerate Action”, aligns perfectly with UBA’s drive to champion inclusion and create meaningful opportunities for women in the workplace. On Wednesday, the bank graduated its latest cohort of 1,138 Graduate Management Accelerated Programme (GMAP) trainees, out of which 666, representing an impressive…

Wema Bank Unveils 6th Edition Of Hackaholics With Theme “Beyond Algorithms: Engineering Disruptive Innovation” …with the introduction of Accelerator Program for Startups successes. Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of Hackaholics 6.0, themed Beyond Algorithms: Engineering Disruptive Innovation, at a press conference held in Lagos. The 6th edition of Hackaholics has been expanded to integrate both hackathon and ideathon formats, creating a dynamic platform where developers, designers, business strategists, and problem solvers can collaborate to tackle real-world challenges. With a strong focus on harnessing cutting-edge technology, particularly…

Proposed Telecom Towers to Enhance Nigeria’s Lagging Pace Proposed Telecom Towers to Enhance Nigeria’s Lagging Pace. The planned construction of 7,000 telecom towers across Nigeria’s rural communities, as recently approved by the Federal Government, is a delightful development, and it’s coming at the most opportune time. This is because the project will accelerate Nigeria’s sluggish financial inclusion performance recently reported as the slowest among its African peers. Financial Inclusion Financial inclusion means bringing the unbanked, that is those who are currently not enjoying financial services — such as savings, deposit, credit, payment, pensions, insurance, remittances amongst others — into the…

Nigeria exports N75.66b electricity in Q4 2024 – NBS In the fourth quarter of 2024 (Q4 2024) Nigeria exported N75.66 billion to African countries. The National Bureau of Statistics (NBS) disclosed this in its document titled: “Foreign Trade Statistics Report (Q4 2024).” The countries Nigeria exports electricity to are Togo, Benin Republic and Republic of Niger. But the report also said in the period under review, Nigeria exported bituminous minerals worth N1.62 trillion. NBS said, “Analysis by commodities showed that the main commodities exported to African countries in the quarter under review were Petroleum oils and oils obtained from bituminous…

Anyaduba Pens Tributes To Trudeau Says His Cultural Inclusivity, Outstanding Trudeau and Anyaduba Anyaduba Pens Tributes To Trudeau Says His Cultural Inclusivity, Outstanding As the Leader of the Liberal Party and the outgoing Prime Minister of Canada, Justin Trudeau tenure in office comes to an end, the Founder and Convener Crossroads of Culture Festival Flavour of Nigeria Festival, Chukwuebuka Anyaduba said Trudeau’s commitment in championing an all inclusive Canada, and standing for Nigerians remain one of his many outstanding legacies . Trudeau had in January 2025 after a decade in office announced his resignation pending when his Liberal Party would…

Access Bank’s Lagos Headquarters Earns Prestigious IFC EDGE Green Building Certification Access Bank HQ Earns Prestigious Green Building Certification Access Bank PLC has achieved a major sustainability milestone, securing the IFC EDGE (Excellence in Design for Greater Efficiencies) Green Building Certification for its headquarters, Access Tower, in Victoria Island, Lagos. The certification, backed by global partners including the UK and Japanese governments, highlights Access Bank’s commitment to environmental responsibility through reduced energy consumption, water efficiency, and low-carbon construction materials. A Benchmark for Sustainability in Banking Access Tower has recorded impressive sustainability achievements, including: • 20% reduction in energy use •…

AARE ADETOLA EMMANUELKING, OTUN-ASIWAJU ONIGBAGBO OF REMOLAND, CELEBRATES CHIEF OLUSEGUN OBASANJO AT 88 The Otun-Asiwaju Onigbagbo of Remoland, Aare Adetola Emmanuelking, joined other Christian leaders, dignitaries and well-wishers in celebrating Nigeria’s former President and Elder Statesman, Chief Olusegun Obasanjo, Ph.D, GCFR on his 88th birthday with a special Global Breakfast Prayer session. The 61st edition of the Prayer Breakfast, which took place on Saturday, March 1st, 2025, was a spiritually uplifting gathering that saw representatives from 29 countries join virtually to celebrate Chief Obasanjo. The prayer session was facilitated byBishop T. Akin-Akinsanya, the Chairman of Christian Association of Nigeria, SouthWest…

Kanyeyachukwu, 14-year-old autistic artist who breaks Guinness World record with largest painting Kanyeyachukwu Tagbo-Okeke Kanyeyachukwu, 14-year-old autistic artist who breaks Guinness World record with largest painting. With record breaking moment for the world of art and disability awareness, 14-year-old Kanyeyachukwu Tagbo-Okeke, an autistic artist from Abuja, has successfully completed his attempt to break the Guinness World Record for the Largest Art Canvas. He began his endeavour on 21st November 2024 at General Azazi Barracks, Gwagwalada Grounds, where Kanyeyachukwu made his first brushstroke. The project continued at JC Best Schools, where he is a student. After months of preparation, his masterpiece—measuring…